Wednesday, April 13, 2022

Inflation may be the inevitable price for our quick economic recovery from the pandemic.

Seems like inflation is almost an inevitable price for prosperity.

The problem of income inequality still persists so some folks have trouble just keeping a roof over their heads, but prosperous times have come back since the pandemic.

Here in the US, government relief saved a lot of businesses and people's well being during the pandemic. It's brought prosperity back, to some extent, but new money does push inflation. Home values, wages and all that. An alternative would be deeper recession. We can't have it all.

Gas prices go up again as travel and commuting is returning to pre pandemic levels and beyond. There are natural limits to how much fossil fuels we should be burning.

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